By Elizabeth Adegbesan
Capital importation into the country increased year-on-year (YoY) by 88.5 percent to $23.21 billion in 2025 from $12.31 billion in 2024.
Vanguard analysis of data from the National Bureau of Statistics, NBS, Capital Importation Report for 2025 showed that in Q1’25, capital imported into the country stood at $5.64 billion.
In Q2’25, capital importation declined by 9.2 percent to $5.12 billion but increased in Q3’25 by 17.4 percent to $6.01 billion.
The upward trend continued in Q4’25 when capital importation rose by 7.15 percent to $6.44 billion.
In its latest report, NBS said: “In Q4’25, total capital importation into Nigeria stood at $6.44 billion, higher than $5.09 billion recorded in Q4’24, indicating an increase of 26.61 percent on a year on year basis. In comparison to the preceding quarter, capital importation increased by 7.15 percent from $6.015 billion in Q3’25.
“Portfolio Investment ranked highest with $5.49 billion, accounting for 85.14 percent of total capital importation during the period, followed by Other Investment with $599.65 million (9.31 percent) and Foreign Direct Investment with $357.80 million (5.55 percent).
“In terms of distribution by sector, the Banking sector recorded the highest inflow with $3.85 billion, representing 59.75 percent of total capital imported in Q4’25, followed by the Financing sector, valued at $1.94 million (30.15 percent), and the Production/Manufacturing sector with $308.93 million (4.79 percent).
“Capital Importation during the reference period originated largely from the United Kingdom with $3.73 billion, representing 57.94 percent of the total capital imported. “This was followed by the United States with $837.91 million (13 percent) and the Republic of South Africa with $516.96 million (8.02 percent).”